Chart of the week: ECB rates rise expectations
Expectations on the European Central Bank’s appetite to increase its interest rate will have a direct and negative impact on European bond trading which has already been ...
Research: Fixed Income TCA Survey 2022
Better integration into trading workflow The DESK’s execution research survey into fixed income TCA 2022. Our research took in 40 major asset management firms’ use of, ...
MarketAxess: New trading protocols are expanding, not cannibalising, liquidity
MarketAxess has reported its second highest level of quarterly revenue and credit trading volume, as well as a record total trading volume in Q1 2022 in its latest ...
Versana to launch syndicated loan platform
Cynthia Sachs, CEO, Versana (Courtesy of Versana).
Block trading investigations follow a long trend
Several investigations reported in the press are following regulatory scrutiny of block trading arrangements. The investigations reported by Bloomberg, Reuters and the ...
Market reflects grim situation in Ukraine
The invasion of Ukraine on 24 February 2022 by Russia, wedded to subsequent sanctions and travel restrictions have triggered a series of market responses with the value ...
Citi asserts control over any data tied to bilateral client trades
The European credit trading team at Citi has, according to several large asset managers, told buy-side clients the bank owns any data relating to bilateral bond trades ...
Morgan Stanley analysts predicting Q4 was tough for bank FICC revenues
Morgan Stanley analysts, looking at the performance of investment banks in Q4 2021, are predicting a significant fall in revenues across fixed income, commodity and ...
Tradeweb caps record Q4; December lighter than analyst predictions
Market operator Tradeweb reported a total trading volume for December 2021 of US$19.9 trillion across rates, credit, equities and money markets, a decline of 17.4% on ...
Emerging markets’ big issues in 2022
According to analysis by CreditSights, there has been a negative total return for credit in emerging markets with the exception of Gulf Cooperation Council countries, ...
Analysis: Credit belongs to…
In 2021, electronic credit trading has seen a close fought race between two giants, MarketAxess and Tradeweb. While both have slightly different profiles, through ...
How Omicron has shaken trading desks
Investors and analysts are urging a cautious response to the new Covid variant – Omicron – after Friday’s markets saw the Volatility Index (VIX) jump 10 points to 28, ...
New Enterprai workstation tracks market events for macro investment teams
Wojciech Mucha, CEO and co-founder, Enterprai.
Lack of detail sinks odd-lot bond case against major banks
The United States District Court, Southern District of New York, has dismissed a court case brought against Bank of America, Barclays, Citigroup, Credit Suisse, Deutsche ...
Morgan Stanley reports Q3 trading revenues down 14% year-on-year
James Gorman, Morgan Stanley.